Portfolio Strategy Review Q2 2021

“A nickel isn't worth a dime anymore.”  Yogi Berra  Reflation, inflation, or deflation. How about a libation and we call it good? The range of opinions about the future direction of prices we pay for goods and services leaves us with one concern: Are recent price...

Portfolio Strategy Review Q1 2021

“If you don’t know where you are going, you’ll end up someplace else.” Yogi Berra The consistent theme in these quarterly reports is that sound strategy prioritizes your goals and gives you even greater odds to grow and protect your wealth. Many investment calories...

Is Cryptocurrency Here to Stay?

There has been a lot of controversy and disagreement on the viability of cypto assets like Bitcoin. It's been called the next "store of value" (akin to gold), a highly secure medium of exchange, an innovative piece of computer science, as well as an energy intensive,...

Portfolio Strategy Review 2020

“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” Abraham Lincoln The year 2020 is over. Good riddens. A year we will never forget. A Bull market for stocks. A bear market for people. The...

Portfolio Strategy Review Q3 2020

“A genius is the man who can do the average thing when everyone else around him is losing his mind.”—Napoleon Most major economies appear to be coming out of recession. Many economists believe the worst is behind us. Yet not all sectors of the economy have rebounded....

Index Funds Are Marxist and Mediocre

The Active Critiques: Indexing is Marxist, Mediocre, and Other Misguided Myths The mutual fund industry has ridiculed index investing for decades. Strong, self-interested economic incentives to defend active funds has given rise to clever propaganda and fear campaigns...

Portfolio Strategy Review Q2 2020

‘’History doesn’t repeat itself, but it often rhymes.” Mark Twain An historic quarter in many respects. A Pandemic. Race Riots. A Trade War. Political Chaos. Yet the market so far looks like a “V” recovery. The best quarter since 1998. While the economy appears more...

Search for Winners

Search for Winners: Skill, Hype, or Hope (Hint: go to Amazon for your fiction) Mutual funds were first formed in 1924. Their original intent was to provide the investing public with broad access to the market. The idea was good at the time, despite a steep 8%...